If you’ve recently won a legal settlement or lawsuit, there’s a good chance that you will be receiving this money through structured settlement annuity payments. This means your money won’t be paid out all at once; rather, you’ll receive regular payments over a set period of years.

Many people stick with their structured settlements due to the tax benefits they offer. Over time, structured settlements are worth much more than lump sums, because they’re taxed much less heavily.

However, structured settlements are just that: structured. It’s very likely that you’ll want to make a major purchase or investment within the next few years, but won’t be able to due to your settle

If you are one of the 50% of Americans who play the lottery you have probably heard it all from friends and family before:

You have a better chance of getting hit by lighting, twice!

You Are wasting your money!

No body ever wins!

Baring all the objections in mind have you ever thought about what you would do if you actually did win? Many people might not be aware that if you win the lottery, it is only the beginning of the process. For example the local and state government both take out taxes from the winnings right off the bat.

Lump Sum Versus Annuity

Assuming you were to win Mega Millions, the lottery payments would be paid out yearly over the course of 29 years with the payments being incrementally more each year. If you